InsPro Technologies Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported revenues were $5,647,379 compared to the $6,381,855 in the third quarter of 2015. Net profit was $56,313 as compared to a net loss of $394,447 in the third quarter of 2015. Income from continuing operations was $14,847 against $37,046 a year ago. Basic and diluted net earnings per common share were $0.01 against loss per share were $0.04 a year ago. Operating loss from continuing operations was $49,297 compared with loss of $388,563 a year ago. The decrease was the result of lower professional services revenue offset by a $500,000 reseller fee pertaining to the Company’s granting in Third Quarter 2015 an unaffiliated 3rd party the exclusive right to market InsPro Enterprise to prospective clients for their administration of long term care insurance products. For the nine months, the company reported revenues were $16,883,950 compared to the $16,702,781 in the third quarter of 2015. Net loss was $1,826,787 as compared to a net loss of $5,105,174 a year ago. Income from continuing operations was $53,341 against $116,782 a year ago. Basic and diluted net loss per common share were $0.04 against loss per share were $0.12 a year ago. Operating loss from continuing operations was $1,861,838 compared with loss of $5,118,499 a year ago. The net loss in the nine months ended September 30, 2016 was favorably impacted by higher revenues, which was the result in the growth in clients and a reseller fee in 2016, combined with lower cost of revenues, a result of decreased utilization of several outside consulting firms that assisted with modifications to InsPro Enterprise’s functionality and new clients’ implementations of InsPro Enterprise as compared to the same time period last year.